Good Business

Meira says . . .

Good to see the aerospace business doings so well at the Farnborough show in England this year. The industry is enjoying a boom, mostly on the back of the warring factions all over the world; the Middle East in particular. Well the Middle East almost completely actually, and not all of the Middle East. Actually the war is only in Iraq, and now a little bit in Lebanon - well just the southern Lebanon, where the Israelis have broken all accepted concepts of appropriate action. So anyhow the aerospace business is up and booming with a big chunk of BAE Systems’ new orders coming from the US; a reward, no doubt, for supporting Bush through his invasion and sticking with him even after “Mission Accomplished.” EADS, the Franco-German consortium, did exceptionally well with an order for 322 of their lightweight choppers from the US military. It seems the European/US rift over the invasion is old news now, and no longer relevant, well not in business anhow. Tony Blair might be forgiven for thinking he need not have put British troops in harms way after all, but that would be an under-reaction to the loss of less than 120 British lives; the US has lost around 2,500, and the Iraqi figures range anywhere from 15,000 to 100,000. Business is good.